===================Program Starting: Thu Feb 29 17:36:28 2024

------ Estimated Model parameters------
             betapar		   0.973900000000000
              Etapar		   0.035000000000000	   0.019500000000000	   0.013500000000000
               Kappa		   0.805460000000000
                PROD		   0.393221996043480	   1.000000000000000	   2.543092731489580
            gmapping		   0.214468075000000	   0.240452275000000	   0.279527000000000
            gmapping		   2.179000000000000	   2.443000000000000	   2.840000000000000
               meang		   0.098425000000000
              kappaE		   0.280000000000000
             psiparW		   1.850000000000000
             psiparE		   1.850000000000000
               nupar		   0.890000000000000
           lambdapar		  50.000000000000000
              phipar		   0.041700000000000
              minpar		   0.040000000000000
              DRIpar		   0.700000000000000
               mupar		   0.500000000000000
             rhostar		   0.400000000000000
              pLTpar		   0.500000000000000
                 muz		   1.000000000000000
                  pz		   0.900000000000000
                sigz		   0.418500000000000
                 PiZ	    0	   0.560778726130851	   0.259823617434122	   0.133150291002764	   0.039046841213730	   0.006540976338574	   0.000624569420485	   0.000034978459473	
                 PiZ	    1	   0.296220025238117	   0.294507026079130	   0.249194329875607	   0.120777504252425	   0.033492649260292	   0.005304420288587	   0.000504045005842	
                 PiZ	    2	   0.110560973209393	   0.212616645309335	   0.296977216213190	   0.237671988222660	   0.108944525314200	   0.028568040727306	   0.004660611003916	
                 PiZ	    3	   0.027951001361554	   0.097723609057729	   0.225422787980110	   0.297805203201214	   0.225422787980110	   0.097723609057729	   0.027951001361554	
                 PiZ	    4	   0.004660611003917	   0.028568040727306	   0.108944525314200	   0.237671988222660	   0.296977216213190	   0.212616645309335	   0.110560973209393	
                 PiZ	    5	   0.000504045005842	   0.005304420288587	   0.033492649260292	   0.120777504252425	   0.249194329875607	   0.294507026079130	   0.296220025238117	
                 PiZ	    6	   0.000034978459473	   0.000624569420485	   0.006540976338574	   0.039046841213730	   0.133150291002764	   0.259823617434122	   0.560778726130851	
               Zgrid	   0.039895158324313	   0.359930143754798	   0.679965129185283	   1.000000114615768	   1.320035100046253	   1.640070085476738	   1.960105070907223	
               mupar		   0.500000000000000
              DRIpar		   0.700000000000000

-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.016510426982693 
w    0.253706598950088 
mw    0.326887137605753
u    0.051348245354527 
taxSEA    0.000000000000000 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   10.663517012449919
Fraction of E>nonE [6.7]    7.199044453133200
Fraction of E [8.2]   10.959606812235469
Ratio mworthJ/mworthW [8]    5.781558493003962
Wealth Gini [0.8]    0.635148587962550
Bankruptcy rate [0.75]    0.646646511120629
U>E [2.2]    3.854833782172475
(UL:    0.027369461605281, US:    0.023978783749247) Unemploy. rate [6.4]    5.134824535452728
IUR (Ui/W) [2.5] = 2.857830
W>E 1 [1.07]    1.156910690160051
W>E 2 [0.89]    0.847581343546165
W>E 3 [1.07]    0.995965679976829
W>U 1 [1.07]    1.398629847768124
W>U 2 [0.89]    0.914942768511511
W>U 3 [1.07]    0.686682810841957
Zero wealth fraction [7- 13]    4.357438936571299
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.008530259795574
Fraction of U>E (rlv to new entrant) [20]    0.232043285423383
Worker exit rate (rlv to workers) [3-6.5]    0.029029141997176
Nshare (US)    0.035983707868942, 	 Nshare(UL):    0.001234577339282, 	 Nshare(WW):    0.001338641955226, 	 Nshare [0.1]:    0.038556927163451
Earning Gini [0.36]    0.465344791092458
Top 1 [30]    0.127107516968499
Fraction U>nonU (rlv to unemployed) [?]   47.894562015233618

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.013143106434042	   0.005208790486853	   0.008330087220357	
   0.009032501640501	   0.006617433775272	   0.007775934404261	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.034495926027255	   0.019381360679556	   0.013369514828559	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.043886354479905	   0.067456594438912	   0.086870305498917	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.015497687272059	   0.005694703361631	   0.007247359451930	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.425967280844369	   0.452826120363143	   0.436235061538673	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.044780274360891	   0.030847648553071	   0.046220398397890	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5210544 	 0.4403973 	 0.0385483 
W 	 0.0212217 	 0.9709709 	 0.0078074 
E 	 0.0098701 	 0.0621203 	 0.9280096 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.025596848233253
Top 1 [41.8]    0.127107516968499
Top 5 [?]    0.313386451116875
Top 10 [77.2]    0.460717626049041
Top 20 [?]    0.645967554458316
Top 40 [?]    0.874502894154621
Bot 20 [?]    0.004887453978073
Bot 40 [?]    0.034560567003914
Bot 60 [?]    0.125497105845379
Bot 80 [?]    0.354032445541684
mworthJ   10.648081499232967
mworthW    1.841732036805957
mworthUi    1.234155929157968
mworthUn    2.549886463706301
avgfirm:   12.980972235448554
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    1.422663517410635
productionJ (annual)    0.883379637668283
Totalcapital    5.284994942786879
Totallabor    1.091241526000039
Corproduction (annual)    1.099078846382154
Corcapital    3.862331425376244
Totalproduction (annual)    1.982458484050437
capitalJ/Totalcapital    0.269189191817928
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002499153652215
Revenue Basis    0.276855176194574
Optimal tax    0.009315348681448
Optimal tax SEA    0.000000000000000
COST SEA:    0.000090390184351    0.000040277690022
COST SEA:    0.000000000000000    0.000000000000000
-------MASS--------
WW    0.839055686522700 
U    0.051348245354527 
VE    0.109596068122355 
-------WELFARE--------
Un -146.932703047994039  Ui -156.169026380927392  J -113.426197480487900  WW -143.360359666024635  Wtot-140.484602552199476   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.172613917532927,    0.249999999999890,    5.210364224975264,    0.645336065457063  
THETA: 1,     0.088349083768210,    0.499999999999793,   12.654844881663742,    1.111542124936610  
THETA: 2,     0.089072187420257,    0.249999999999898,   28.686673831137664,    1.554937451902623  

 GMM ::  132.230499444355559


 ===================Program ended: Thu Feb 29 17:40:44 2024
 in 256.000000 seconds=================
